Rosenblatt Reiterates Buy on Synopsys, Maintains $615 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy has reiterated a Buy rating on Synopsys (NASDAQ:SNPS) and maintained a $615 price target.
March 21, 2024 | 11:25 am
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Rosenblatt analyst Blair Abernethy reaffirms a Buy rating on Synopsys, with a price target of $615.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst like Blair Abernethy can instill confidence in investors and potentially lead to a positive short-term impact on Synopsys' stock price. The specific mention of the $615 price target suggests a bullish outlook on the stock, which could influence investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100